Terex, Manitowoc Fall,
But Small Caps Recover

NEW YORK -- Small-capitalization stocks clawed their way back on the first trading day of the second half of the year, erasing earlier losses on a weak manufacturing report.

Heavy-machinery companies struggled, with Terex (NYSE) falling $1.64, or 8.4%, to $17.88, after the Westport, Conn., maker of construction- and mining-related equipment said it expects second-quarter profit to fall short of Wall Street's target of 63 cents a share, and to be similar to year-earlier earnings of 47 cents, because of weakness in its...